11122 HAYES Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213 1544
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,850 sqft
Price per Sqft $68
Subdivision Mi
MLS Listing ID 60395340
Annual Tax Amount $11,621
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 248.00 x 100.00
Property Sub-Type Commercial/Industrial
Property Description
Cash-flowing retail strip center on over half an acre with 8 units total—7 currently leased and generating $7,000/month Grossing 84000 yearly in rental income. One vacancy remains: a fully equipped restaurant space ready for occupancy or lease. Strong tenant mix includes a barbershop, beauty studio (leased by room), and a daycare center occupying two units. Front parking lot plus fenced side lot provide ample off-street parking. Great investment opportunity with steady cash flow and additional upside potential. Do not bother tenants call for showing.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial,Mixed Use,Professional Office
Interior
Heating Forced Air
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $450
Energy Description Natural Gas
Financing Cash,Conventional